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Small Business Development Center Receives SBA Grant

NHSBDC logoThe Monadnock Region’s Small Business Development Center (SBDC), headquartered in KSC’s Blake House, has received $89,651 in continuing funding support from the US Small Business Administration (SBA). The funding allows the SBDC to continue its work of supporting small business clients from Hanover to the Massachusetts border, and from the Vermont border to Peterborough.

“Keene State College graciously provides support that is critical to the program’s success, including office space in the Blake House, a portion of the Management Department administrative assistant’s time, support via Human Resources and the Office of Sponsored Projects & Research, and critical connections to both the Keene State and regional communities,” explained SBDC Regional Manager Rich Grogan.

The New Hampshire SBDC is part of a nationwide network that provides no cost, confidential business advising to pre-venture, start-up, and existing businesses, focusing on financial analysis, marketing, access to capital, and other management issues. “In New Hampshire, we work with about 3000 businesses each year in 200 communities, and last year we assisted those businesses with raising approximately $25 million in capital,” Grogan said.